BTS Group AB (publ) (BTS_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi everyone and welcome to today's conference call together with BTS Group. My name is Ida Tillas, I work here at DMV Carnegie and today we are pleased to welcome Jessica Skun to the studio. As always, if you have any questions, please feel free to ask them in the live chat on the right hand of your screen. So without further ado, Jessica, please. Thank you very much. Good morning, dear investors. I am very happy to be with you today for a Q1 report, and I am super pleased to announce that BTS is back to profitable growth, and we expect that to continue. Our revenue at the group level grew 5% in the first quarter, while EBITDA grew 19%. We're very pleased that our North America turnaround is complete. BTS Europe continues to do fantastically from a growth perspective and a profit growth perspective. And BTS other markets had a rough start to the year and expect them to recover during the second half. So if we double-click into the two or the three different markets, and the other thing that I'll go deep on is that AI continues to be a very strong force for good for the firm, both in terms of our competitiveness and driving growth and in terms of our internal abilities to reinvent ourselves and drive productivity. So if we look at BTS North America, back to profitable growth, just to remind you, it was a year ago that we declared we wanted to do a turnaround in North America. We shifted out the leadership, and many different leaders took new roles. We had three core strategies at that time, which was to make sure that in every proposal, we were using our most advanced AI technology products and services, and we were helping our clients with their AI ambitions. We decided to focus more on the core of BTS, which is training, leadership development, sales and activating ...